50 fold increase in equity release schemes since 1993

Available 24 hours a day, Mintel's global public relations team is pleased to provide accredited journalists with access to our research, arrange interviews with our expert analysts and share the latest insights across categories and countries.

Latest research from MINTEL highlights equity release schemes as one of the fastest-growing sectors within the financial services industry. After 11 consecutive years of growth, the equity release scheme market is now worth a considerable £1.2 billion, with the market valued at 50 times the size it was in 1993. According to exclusive consumer research, one in ten (11%) homeowners have released equity in their home, amounting to almost 2 million households. What is more, almost a fifth (19%) of all homeowners who have not previously released equity have said that they may do so at some point in the future.